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be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. >> narrator: bipartisanship was long buried. now there was open antagonism. >> when that collapsed and when that ended up in that terribly muddy compromise that nobody liked, i think that was the turn. i think at that point he and everybody around him decided, "this isn't working and we're not going to work this way." >> and the american people i think are fed up with political posturing and an inability for politicians to take responsible action as opposed to dodge their responsibilities. >> we've seen his approval ratings on the economy dip... >> narrator: three and half years after he came to washington on a promise of change... >> obama is under 50% approval rating... >> narrator: ... barack obama returned to the campaign trail himself changed. >> a difficult road ahead for the president... >> i think you see today a president obama with a thicker skin, more jaundiced eyes, has grown more skeptical, even cynical perhaps, about washington. >> n
be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. >> narrator: bipartisanship was long buried. now there was open antagonism. >> when that collapsed and when that ended up in that terribly muddy compromise that nobody liked, i think that was the turn. i think at that point he and everybody around him decided, "this isn't working and we're not going to work this way." >> and...
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Oct 10, 2012
10/12
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some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and see people grasp it. if it helps move things forward, that is my intention and i hope that's what happens. >> i want to double-check in terms of major retirement entitlement reform. one of the big issues is raising the age. are you taking it off the table? >> no, i am not taking anything off the table. i have been personally against raising the age. i continue to be. i have never on any of these issues say i will not support this bill. i don't think raising the age will happen. i think there's a lot of opposition to it. >> you just mention
some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and...
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Oct 7, 2012
10/12
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we are facing $120 billion trade deficit a center of this country. we're facing problems with the environment. i think what we will be doing over the next several weeks -- i am absolutely delighted the league is sponsoring the debates and we are able to now speak to the american public and address the issues and i was such as this. i think you will see a change. >> you have one minute to rebuttal. >> i was glad to get the vote of confidence from misses economic judgment. the other day she was a plant and she said to the workers, why are so many of the voting for the reagan-bush ticket? there was a long silence. she said, we delivered. that is the problem. i am not blaming her accept for the liberal voting record and enter the house. they deliver 21 and a half -- 21.5% interest rate. they delivered what they called malaise. they delivered interest rates off the chart. they delivered take home pay that was shrinking. we have delivered optimism. 6 million people are going back to work. 300,000 jobs a month of being created. that is why there was a death
we are facing $120 billion trade deficit a center of this country. we're facing problems with the environment. i think what we will be doing over the next several weeks -- i am absolutely delighted the league is sponsoring the debates and we are able to now speak to the american public and address the issues and i was such as this. i think you will see a change. >> you have one minute to rebuttal. >> i was glad to get the vote of confidence from misses economic judgment. the other...
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Oct 8, 2012
10/12
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WUSA
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we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the problem. we have a $1 trillion annual deficit. carried interest would carry about one tenth of 1%. we should solve the deficit. >> it sounds like you say keep it. >> i'm saying look at everything but look at it in the context what it will kofl. our bigger is not carried interest it's the deficit and the $16 trillion of debt. that's a far greater problem. >> what would you do and what would you recommend whoever the next president do to solve the fiscal cliff crisis? >> first what i would recommend and again i was in government and i didn't solve all these problems so i'm not a person that has all the solutions but what i would recommend the next p
we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the problem. we have a $1 trillion annual deficit. carried interest would carry about...
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Oct 11, 2012
10/12
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CSPAN2
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bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the last two years. some of your big trading partners like spain, ireland, italy are separating less by us. it makes it harder for us to pay off our debt. but here is the crucial thing you need to know. yes it is worse than we thought and yes it is taking longer but we are making progress thanks to the good result of george osborn we've cut off the deficit. 25%. that has helped to keep our interest rates at record low levels. keeping the market is low. more money in your pockets, giving businesses more confidence to invest, creating more jobs. and if you don't bel
bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the...
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Oct 12, 2012
10/12
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, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that could shut down the transportation system, military networks, and military systems. secretary panetta's remarks came yesterday in new york city. >> frank, five words. you deserve to be here. [applause] ladies and gentlemen, it is now and high honor to introduce the most talented, versatile, and experienced leaders in american government, a man who serves our country by meeting the extraordinary challenges of our times. i am sure secretary of defense, leon panetta thinks on his days in the u.s. army intelligence where he received the army accommodation metal. he chaired the house budget committee before moving on to
, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that...
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gerri: romney's court in that debate on issues that he really wanted to talk about, jobs and the deficit. my understanding is that you just looked at this today and found obama scored 20 on the deficit and romney scored 41. when the team to jobs, 24357. run the way out ahead >> obama keeps saying, romney's test plan will go below this $5 trillion : the budget. the other line, i have this $4 trillion plan. there is no plan. i have to blame people in the media. they are correctly pressing romney to be more specific about his plans, but i don't think that the press has been even handed in asking barack obama about his plan. you keep saying have a $4 trillion plant. i have not seen it. here is nother issue along those lines. the president has gone so negative year. calling romney a liar which is something you don't typically do. >> i live in virginia, so we are just saturated. everytime you turn of the tv. football game, fox news. one after anotr, and these guys almost all of the obama ads are-. and that -- and not so sure that works so well for an incumbent is tgo after the opponent like th
gerri: romney's court in that debate on issues that he really wanted to talk about, jobs and the deficit. my understanding is that you just looked at this today and found obama scored 20 on the deficit and romney scored 41. when the team to jobs, 24357. run the way out ahead >> obama keeps saying, romney's test plan will go below this $5 trillion : the budget. the other line, i have this $4 trillion plan. there is no plan. i have to blame people in the media. they are correctly pressing...
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Oct 8, 2012
10/12
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WJLA
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
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Oct 11, 2012
10/12
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WBAL
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. >> and despite budget deficits, those costs are going up. >> many large jurisdictions offer no such benefit to top officials, but despite a declining population and ever- growing budget pressure, the city not only keeps executive protection in place. it allows it to grow. >> good morning. >> baltimore mayor stephanie rawlings-blake has quite the on to rosh. she arrives in a city suv. -- has quite the entourage. she is protected by city police officers whose sole duty is to provide executive protection. it all comes at a cost. for the last year, over time alone was $103,750. substantially higher than the cost for fiscal year 2011. one big reason? the unit got bigger. it grew from three officers to seven officers. the mayor's security troubles with her out of time. that added another $7,700 the last fiscal year. take that plus the overtime costs and the minimum salaries -- the overall cost is enough to cover the starting salaries of 10 police officers. executive protection is also provided to the police commissioner, even though the commissioner carries a drug. two officers made $36,0
. >> and despite budget deficits, those costs are going up. >> many large jurisdictions offer no such benefit to top officials, but despite a declining population and ever- growing budget pressure, the city not only keeps executive protection in place. it allows it to grow. >> good morning. >> baltimore mayor stephanie rawlings-blake has quite the on to rosh. she arrives in a city suv. -- has quite the entourage. she is protected by city police officers whose sole duty...
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Oct 9, 2012
10/12
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CNBC
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it's okay to reduce the deficit, just not in my backyard. >> right, right. same issue with oil. >> we'll take a break. we are coming back with the closing countdown and a recap of the date in a moment. >> and just moments away from the kickoff of earnings season. this is what we've been waiting for. alcoa chairman and ceo klaus kleinfeld will join us. you're watching the "closing bell" on cnbc, first in business worldwide. ally bank. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ame
it's okay to reduce the deficit, just not in my backyard. >> right, right. same issue with oil. >> we'll take a break. we are coming back with the closing countdown and a recap of the date in a moment. >> and just moments away from the kickoff of earnings season. this is what we've been waiting for. alcoa chairman and ceo klaus kleinfeld will join us. you're watching the "closing bell" on cnbc, first in business worldwide. ally bank. why they're always there to talk....
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Oct 10, 2012
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-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that's more importa
-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax...
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so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it is replacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life relationships, yes. >> i noticed people used to go to a coffee shop, or a bar, to hang out with people. now, people are chatting on line. is this a real thing? or are we just caught up in this addict society? or an addict nation? because everybody is addicted to something. >> you know it is a new substance to become addicted to. but people who are unable to self-regulate, and experience the withdrawals, it is a very real thing, don. >> so are there people who specialize in the behavior? >> anybody who experiences it can be treated, but look at your own fam
so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it is replacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life...
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Oct 7, 2012
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president, you are going to have a trillion dollar deficit. he said, i haven't done anything yet. >> we cannot keep looking our children in the eye knowing that we're going to give them a diminished future because we are spending their money today. we have got to stop spending we don't have. we must cut spending. we must get this debt under control. abc news martha reddick moderates. you can watch the debate. your action, calls, e-mails and tweets. follow our life coverage on radio, steve, and online at c-span.org. >> in 1984, democratic president mom knee walter mondale made history when he chose geraldiner ferraro as the first female on a major party ticket. . it's an hour and a half. >> good evening, i'm dorothy ridings, from the league of women voters. our panelists today is the national correspondent for u.s. news and world reports, jack white, correspondent for "time" magazine, norma quorrels, correspondent for nbc news, and a representative from eye knight-ridder newspapers. sandra van oker is our moderator tonight. >> thank you, doroth
president, you are going to have a trillion dollar deficit. he said, i haven't done anything yet. >> we cannot keep looking our children in the eye knowing that we're going to give them a diminished future because we are spending their money today. we have got to stop spending we don't have. we must cut spending. we must get this debt under control. abc news martha reddick moderates. you can watch the debate. your action, calls, e-mails and tweets. follow our life coverage on radio,...
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Oct 6, 2012
10/12
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when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times of fiscal economic crisis are put aside. it is ideological and i think the term "common-sense" is a terrific one to achieve and try to revive that one as you talk to c-span and agitate your committee. host: let's go back to the bus. john, what is your question? >> how is mitt romney going to be able to win independent voters after he alienated them in the primary? guest: i think that debate over night, which you watched as a student of political science and journalism -- he pivoted to some of the positions that he explicitly set aside during the primaries, where he became truly one of the most --
when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times...
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Oct 10, 2012
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another important element is a private set her deficit. wow, another important reform has been to put into the constitution, a financial stability law, that means that the government is going to be more able to meet their objectives and to put a degree on the expand says and the deficit of the regional suspense, which is part of the issue because the expenditures from the central government, another part of the government in which you have tools in order to make them comply with your objectives. at the government has proper tools. and in the process of the fiscal situation as we see in this chart, we have a totally out-of-control deficits in the year 2009 with a deficit exceeding 11% of the gdp and now we are to reducing the step thursday of the very important issue and what the markets wonder if the capacity of the government to get to the 6.3%. there is a degree in the market and the capacity, but the government is confident that she can get this figure and i think it would be a very important message for the market. if it's able to comp
another important element is a private set her deficit. wow, another important reform has been to put into the constitution, a financial stability law, that means that the government is going to be more able to meet their objectives and to put a degree on the expand says and the deficit of the regional suspense, which is part of the issue because the expenditures from the central government, another part of the government in which you have tools in order to make them comply with your...
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Oct 10, 2012
10/12
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FOXNEWSW
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who knew that he was driving our deficit. we are going after that. we are going after big bird, elmo is making a run for the border, oscar is hiding out in a trash can and governor romney wants wall street to run wild again but he is going to bring down the hammer on sesame street. >> the r&b has enlisted another character the count to defend against the president's claims. the image has been making the rounds on-line that says at recent campaign events president obama mentioned big bird 8 times elmo five times while failing to mention libya or a plan to fix the economy. h in honor of the count i will say there's only 27 days left until the election. >> who would have thought elmo and big bird would make such a big smash on the campaign trail. >> we are taking another look at who is talking. last night the use of big bird in the president's campaign ad sparked a heated debate with sean hannity and juan williams. >> this was a dodge. big bird is introduced in the conversation by governor romney. >> that's the point. -- (talking over one another) >> he
who knew that he was driving our deficit. we are going after that. we are going after big bird, elmo is making a run for the border, oscar is hiding out in a trash can and governor romney wants wall street to run wild again but he is going to bring down the hammer on sesame street. >> the r&b has enlisted another character the count to defend against the president's claims. the image has been making the rounds on-line that says at recent campaign events president obama mentioned big...
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Oct 8, 2012
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the pangers came back from an 18 point deficit to win 30-27. they dedicated that game to their coach who is battling leukemia. congratulations. >> it is time now. 40 after the hour. coming up it sounds like a warning for a crazy roller-coaster. why is detroit telling people to visit at their own risk? >> it is your last chance to answer our question of the day is forcing student athletes to run extra lapse a form of corporal punishment sfl ? we will read the comments and tweets coming up next. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zi
the pangers came back from an 18 point deficit to win 30-27. they dedicated that game to their coach who is battling leukemia. congratulations. >> it is time now. 40 after the hour. coming up it sounds like a warning for a crazy roller-coaster. why is detroit telling people to visit at their own risk? >> it is your last chance to answer our question of the day is forcing student athletes to run extra lapse a form of corporal punishment sfl ? we will read the comments and tweets...
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Oct 14, 2012
10/12
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the deficit is my -- my question is about the deficit. would you define in specific dollar goals how much you would reduce the deficit in each of the four years of a clinton administration and then enter into a legally binding contract with the american people that if you did not achieve those goals, that you would not seek a second term? answer yes or no and then comment on your answer, please. >> no, and here's why. and i'll tell you exactly why. because the deficit now has been building up for 12 years. i'll tell you exactly what i think can be done. i think we can bring it down by 50 percent in four years and grow the economy. now, i could get rid of it in four years in theory on the books now, but to do it, you'd have to raise taxes too much and cut benefits too much to people who need them. and it would even make the economy worse. mr. perot will tell you, for example, that the expert he hired to analyze his plan said that it will bring the deficit down in five years, but it will make unemployment bad for four more years. >> mr. pre
the deficit is my -- my question is about the deficit. would you define in specific dollar goals how much you would reduce the deficit in each of the four years of a clinton administration and then enter into a legally binding contract with the american people that if you did not achieve those goals, that you would not seek a second term? answer yes or no and then comment on your answer, please. >> no, and here's why. and i'll tell you exactly why. because the deficit now has been...
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Oct 6, 2012
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how can he guarantee that and cut the deficit in half as he's promised? >> because we will do what they've not done. if you look at what's happened over the last four years, we have gone from a $5 trillion projected surplus when george bush took office to a $3 trillion projected deficit. they promised they were going to put $2 trillion of the surplus aside for social security. not done. not only that, it's the biggest fiscal turnaround in american history. and there's no end in sight. "the washington post" just reported they have several trillion dollars of additional tax cuts in spending. no suggestion of what they're going to do about it. john kerry and i believe we have a moral responsibility not to leave trillions of dollars of debt to our children and our grandchildren. so, here's what we're going to do, to answer your question, to pay for the things that we believe need to be done. we talk about healthcare and education because we have plans on both those things. what we're going to do is roll back tax cuts -- and i want everyone to hear this becaus
how can he guarantee that and cut the deficit in half as he's promised? >> because we will do what they've not done. if you look at what's happened over the last four years, we have gone from a $5 trillion projected surplus when george bush took office to a $3 trillion projected deficit. they promised they were going to put $2 trillion of the surplus aside for social security. not done. not only that, it's the biggest fiscal turnaround in american history. and there's no end in sight....
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Oct 6, 2012
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yeah president obama promise to get our spending under control by cutting the deficits in half. he also was so confident that shortly after taking office, president obama said he would fix the economy in three years or face a one term proposition. today he has broken those promises. now his words have no credibility. midway to the debate, the president realized that he had an president for the past four years and it was his policies and his agenda that failed to produce any of the results that a promised us as a candidate. president obama had not shown the kind of leadership we need. the face crisis today. which requires a steady hand. in a leader focus on the job. a president obama's focus has been on saving his own job. as party chairman, i understand that the president must campaign. but he also has a job to do. while barack obama enjoys being president, he does not seem to enjoy the work required in being a great president. for example, he has not bother to meet with his own jobs council since january. however, he has found the time for a lavish campaign fund- raisers, 140 c
yeah president obama promise to get our spending under control by cutting the deficits in half. he also was so confident that shortly after taking office, president obama said he would fix the economy in three years or face a one term proposition. today he has broken those promises. now his words have no credibility. midway to the debate, the president realized that he had an president for the past four years and it was his policies and his agenda that failed to produce any of the results that...
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Oct 13, 2012
10/12
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CSPAN
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the deficit spending has been outrageous under republicans and democrats. but why when thaws with the case why did he spend $90 billion sending money to green companies, contributors of his. we heard what he had to say or not say. i think we boil it down to this. more recently he said, look, you can't change washington from the inside. you have to change washington from the outside. we'll, we're going to give him that chance on november 6. [cheers and applause] now, there were a couple of place where is we agreed. we agreed, for instance, that we would take this country in very different directions. and he points out -- well, actually it was the vice president that blurted out the truth that they're planning on raising the taxes with $2 trillion. actually it's more like $3 trillion. there's no secret that the spending and the interest that they amassed by virtue of their spending and it's going to cause them to raise taxes on the middle-class. i make this commitment to you, under no circumstances will i raise taxes on the middle-class of america. [cheers an
the deficit spending has been outrageous under republicans and democrats. but why when thaws with the case why did he spend $90 billion sending money to green companies, contributors of his. we heard what he had to say or not say. i think we boil it down to this. more recently he said, look, you can't change washington from the inside. you have to change washington from the outside. we'll, we're going to give him that chance on november 6. [cheers and applause] now, there were a couple of place...
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Oct 10, 2012
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the second has a one half trillion dollar deficit. probably the most cynical gimmick in this bill is something that we all probably agree on. we don't think we should cut doctors' 21% next year. we stop those cuts from occurring every year for the last seven years. we all call this the toxics. well, according to your numbers it cost her her $71 billion. it was in the first iteration of all these bills. because it was a big price tag and made the score look bad, may look like a deficit, that provision was taken out and has been going on in stand-alone legislation. ignoring these costs does not remove them from the backs of taxpayers. hiding spending does not reduce spending. and so when you take a look of this is just as not add up. let's finish with the cost curve. we bending the cost curve down or up? well, if you look at your own chief actuary of medicare revenue up. he is time we are going up $222 billion, adding more to the unsustainable fiscal situation we have. and so when you take a look at this it is really deeper than the def
the second has a one half trillion dollar deficit. probably the most cynical gimmick in this bill is something that we all probably agree on. we don't think we should cut doctors' 21% next year. we stop those cuts from occurring every year for the last seven years. we all call this the toxics. well, according to your numbers it cost her her $71 billion. it was in the first iteration of all these bills. because it was a big price tag and made the score look bad, may look like a deficit, that...
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Oct 9, 2012
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clearly america has large and ever-growing deficits. you propose a tax cut. that's deficit spending. >> wait a minute. first of all, this is a two-step deal. everybody knows we need the big deal and we talk about that in 30 seconds. but we're not going to get to the big deal by jumping off the bridge. and what we are saying is it is not the right thing to do you have the largest tax increase in history of america and to have $1.2 trillion worth of spending cuts that don't even look at medicare and medicaid. across the board without thinking through what this big deal is going to be. and anybody from either party hould come to a realization that the big deal counts. all we need to do is get a small part of an extension, six months, what ever does, and we'll get there. remember, when you talk about these taxes and the suspended, it can't be done by 10 people in the back of the room. and has to be a normal order on the hill because they are the only people that understands what are in those bills. >> do any of you really think we'll jump off a fiscal cliff? or d
clearly america has large and ever-growing deficits. you propose a tax cut. that's deficit spending. >> wait a minute. first of all, this is a two-step deal. everybody knows we need the big deal and we talk about that in 30 seconds. but we're not going to get to the big deal by jumping off the bridge. and what we are saying is it is not the right thing to do you have the largest tax increase in history of america and to have $1.2 trillion worth of spending cuts that don't even look at...
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Oct 11, 2012
10/12
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s huge deficit was turned into a $300 million surplus under bremer's leadership. he was also the first african- american to sit on the federal reserve board. andrew bremer was 86 years old. >>> a strange twist in the case of a missing girl in colorado. a body was found yesterday seven miles from where jessica ridgeway disappeared last friday on her way to school. now, many assume the body was jessica's, but at a news conference just a few moments ago, authorities said the search for the girl continues. officials acknowledge the discovery of the body but did not provide any information about that body. authorities believe that jessica was abducted. >>> just two days after jerry sandusky was sentenced for molesting 10 young boys, there is word this morning that his $59,000 annual pension has been revoked. the news comes as we learn more about the letters that the former penn state assistant football coach and his wife sent to the judge before his sentencing. in them they both portrayed themselves as victims of a conspiracy and wrote that the justice system let them
s huge deficit was turned into a $300 million surplus under bremer's leadership. he was also the first african- american to sit on the federal reserve board. andrew bremer was 86 years old. >>> a strange twist in the case of a missing girl in colorado. a body was found yesterday seven miles from where jessica ridgeway disappeared last friday on her way to school. now, many assume the body was jessica's, but at a news conference just a few moments ago, authorities said the search for...
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Oct 10, 2012
10/12
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how can he guarantee that and cut the deficit in half as he's promised? >> because we will do what they've not done. if you look at what's happened over the last four years, we have gone from a $5 trillion projected surplus when george bush took office to a $3 trillion projected deficit. they promised they were going to put $2 trillion of the surplus aside for social security. not done. not only that, it's the biggest fiscal turnaround in american history. and there's no end in sight. "the washington post" just reported they have several trillion dollars of additional tax cuts in spending. no suggestion of what they're going to do about it. john kerry and i believe we have a moral responsibility not to leave trillions of dollars of debt to our children and our grandchildren. so, here's what we're going to do, to answer your question, to pay for the things that we believe need to be done. we talk about healthcare and education because we have plans on both those things. what we're going to do is roll back tax cuts -- and i want everyone to hear this becaus
how can he guarantee that and cut the deficit in half as he's promised? >> because we will do what they've not done. if you look at what's happened over the last four years, we have gone from a $5 trillion projected surplus when george bush took office to a $3 trillion projected deficit. they promised they were going to put $2 trillion of the surplus aside for social security. not done. not only that, it's the biggest fiscal turnaround in american history. and there's no end in sight....
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Oct 8, 2012
10/12
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FOXNEWS
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with people who were letting their congressmen know they didn't like obamacare and didn't like the deficit and the debt. has the tea party diminished, gone quiet underground or disappeared? >> what we've been doing is working from being enraged in 2009 when the tea party started to being actively engaged and taken, basically political novices, most the people in the tea parties and members around the countriment now around 41 million that support the tea party principles are people that work, take care of their kids and go to the football games like we saw with the congressman in idaho, and not people who spent a great deal of time in politics and haven't had time in the past and that's changed now and turned those political know novices into fully engaged and fully functioning political activists in the field. >> mike: it's pretty typical in any spontaneous movement, which the tea party was, there becomes a paint they become to assimilate into the institutions that they first railed against and seek to change and become part of the change. is that part of what we're seeing in the tea part
with people who were letting their congressmen know they didn't like obamacare and didn't like the deficit and the debt. has the tea party diminished, gone quiet underground or disappeared? >> what we've been doing is working from being enraged in 2009 when the tea party started to being actively engaged and taken, basically political novices, most the people in the tea parties and members around the countriment now around 41 million that support the tea party principles are people that...
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Oct 12, 2012
10/12
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it just reduces the deficit. by borrowing less, we have more money available for the private sector. that is a good thing. if they needed it. if there was a shortage of liquidity. ben bernanke has been working on that. that is a different study, too. what i have reported and which has been presented here to some degree is a way to calibrate what the costs and reduced federal spending are. it is not complete. the more recent study which looked at federal spending that he affects payroll as well as procurement, and not just military equipment, as bennett cited, but across all discretionary categories, would it cost $215 billion in lost gdp activity. that is 2/3 of what is projected to grow. if the economy grows at current projections, up to 2% next year, this would represent, to give it a reference point, 2/3 of gdp. at $110 billion, labor can come -- labour income, to understand what is tied to that spending, the analyses that i undertook put some jobs to that, 2.1 million jobs across all sectors of the economy. r
it just reduces the deficit. by borrowing less, we have more money available for the private sector. that is a good thing. if they needed it. if there was a shortage of liquidity. ben bernanke has been working on that. that is a different study, too. what i have reported and which has been presented here to some degree is a way to calibrate what the costs and reduced federal spending are. it is not complete. the more recent study which looked at federal spending that he affects payroll as well...
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Oct 11, 2012
10/12
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we have a big deficit. when senator brown and other republicans take the grover norquist pledge, and they say they will not raise money for millionaires and billionaires, they will not close the oil subsidies, what they are saying is they are just not serious about cutting the deficit, bringing the budget back into across-the-board cuts. those cuts for the military is the worst possible way we could go. it is bad for the country. massachusetts. here is why. it keeps lopping off 10%, 15%. we need to use this opportunity to think about the military we need going forward in the 21st century. here is what i am prepared to do. i am prepared to get out there and fight, to talk about what the c5 galaxy means. giant planes and take big groups disaster relief all run the world. that is why there should not be a penny of cuts there. the cuts need to be in the cuts need to be in places like the standing army. we do not need the same size standing army as we did when we were fighting two wars. what we need to do is we
we have a big deficit. when senator brown and other republicans take the grover norquist pledge, and they say they will not raise money for millionaires and billionaires, they will not close the oil subsidies, what they are saying is they are just not serious about cutting the deficit, bringing the budget back into across-the-board cuts. those cuts for the military is the worst possible way we could go. it is bad for the country. massachusetts. here is why. it keeps lopping off 10%, 15%. we...
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Oct 8, 2012
10/12
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CSPAN2
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if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. something in democratic andemoat republican leader were trying to work
if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the...
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Oct 6, 2012
10/12
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WJLA
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because according to experts, he'd have to raise taxes on the middle class - or increasthe deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> i was wondering what dogs song we were going to pick for this story. loyalty is one of the reasons we love dogs. what this dog, whose named zander, tried to do was truly extraordinary. when zander's owner went to the hospital, he tracked him down. i was playing with zander. turns out, white shedding dogs and black suits, don't go so well. >> everybody in the studio is falling in love with zander this morning. good morning, america. i'm bianna golodryga, along with dan harris on this saturday, october 6th. >>> also this morning, the iconic game show, "the price is right," is doing something it's never done before. the show has been a favorite for decades. known as much for the models as the amazing prizes. you may be amazed seeing the newest face. >> i loved being sick on sick days watching "the price is right." >>> we're going to start with a teacher/student sex scandal, one that allegedly goes all the
because according to experts, he'd have to raise taxes on the middle class - or increasthe deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ >>> i was wondering what dogs song we were going to pick for this story. loyalty is one of the reasons we love dogs. what this dog, whose named zander, tried to do was truly extraordinary. when zander's owner went to the hospital, he tracked him down. i was playing with zander. turns out, white shedding...
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Oct 9, 2012
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terms of the deficit. you may not like obama, you may not like his program, you may have a different way of looking at the way the country should run, but obama as the creator of the deficit? , i mean, he inherited this thing in the 2008. the economy in the uins. there was a decade running up the deficit. with the economy down it means lower tax collections. she contributed very little to the deficit in terms of the industrial problems. and the little he tried to do such as the modest stimulus have been condemned by the people. you may not like him, but the idea he created the deficit, is just bogus. >> host: the politicians, though find that in fact there's money coming from the hedge fund. there's money coming from the brother and the big industrial. >> guest: exactly. >> host: they feel, suspect, well, that's the pressure, the way the game is being played these days. and you look right now at the fundraising. romney is outraising obama in a lot of the wall street type, the business types say, you know,
terms of the deficit. you may not like obama, you may not like his program, you may have a different way of looking at the way the country should run, but obama as the creator of the deficit? , i mean, he inherited this thing in the 2008. the economy in the uins. there was a decade running up the deficit. with the economy down it means lower tax collections. she contributed very little to the deficit in terms of the industrial problems. and the little he tried to do such as the modest stimulus...
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Oct 13, 2012
10/12
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we're talking about problem in the debt and deficit. the fiscal cliff comes at the first of the year. there is no doubt that if we don't work together, we are dead in the water. mike, there have been plenty of proposals out there that make sense for this country. big broad based proposals. talked about many of them. they're the simpson-bowls and the list goes on. all sorts of gangs. the bottom line is those templates can be put together. it has to have everything in it, everything has to be addressed. people need to work together. i think there's critical minds in senate to get it done. when we talk about sequestration and the fiscal year, that was imposed on us a bipartisan way to get it done. we have to work together. it is easily fixed. like i said in the beginning, it's what montana do naturally. in washington d.c., we need to learn from montana. >> thank you representative rehberg, one minute. >> first thing we need to do is repeal obamacare. that will be the first action that we need to work on a bipartisan solution to the farm bi
we're talking about problem in the debt and deficit. the fiscal cliff comes at the first of the year. there is no doubt that if we don't work together, we are dead in the water. mike, there have been plenty of proposals out there that make sense for this country. big broad based proposals. talked about many of them. they're the simpson-bowls and the list goes on. all sorts of gangs. the bottom line is those templates can be put together. it has to have everything in it, everything has to be...